Vallejo, California (And Virtually The Rest Of The State Of California are a complete mess). Almost the entire state of California is an economic disaster zone. Austerity measures are being implemented in city after city as tax revenues have nosedived. The following is an excerpt from a recent New York Times article that describes the […]
(USA News) Two new EPA pollution regulations will slam the coal industry so hard that hundreds of thousands of jobs will be lost, and electric rates will skyrocket 11 percent to over 23 percent, according to a new study based on government data. Overall, the rules aimed at making the air cleaner could cost the […]
(CNSNews.com) – House Budget Chairman Congressman Paul Ryan (R-Wis.) said President Barack Obama’s budget strategy is to “do nothing, punt, duck, kick the can down the road” while the debt remains on track to eventually hit 800 percent of GDP. Ryan added that the CBO is saying it “can’t conceive of any way” that the […]
The United States is on a fiscal path towards insolvency and policymakers are at a “tipping point,” a Federal Reserve official said on Tuesday. “If we continue down on the path on which the fiscal authorities put us, we will become insolvent, the question is when,” Dallas Federal Reserve Bank President Richard Fisher said in […]
Once again, Obamacare shows that, when it comes to health care reform, the saying “Hey, it’s the thought that counts” just doesn’t cut it. Proponents of the new law argue that its stringent insurance regulations will help consumers, but these new regulations also threaten some existing employer-sponsored plan arrangements. To avoid a flood of workers […]
The Irish go to the polls on Friday (some of the remote islands have already voted) in elections that are all but certain to bring the Fine Gael Party led by Enda Kenny to power. The Fianna Fail Party that has been in power for 14 years is set to receive the worst political drubbing […]
The following are 22 facts about California that make you wonder why anyone would still want to live in that hellhole of a state…. #1 The California state government is facing a potential state budget deficit of 19 billion dollars this year, and California debt is rapidly approaching junk status. One way or another the […]
“For generations, parents have told their children about “The American Dream.” Basically it has meant building a life based on the foundational principles that created and have sustained America for more than 200 years.” Greater than any other country in the modern world, the United States offered, from 1776 to 2010, unprecedented opportunities to the […]
19 Facts About The Deindustrialization Of America That Will Blow Your Mind The United States is rapidly becoming the very first “post-industrial” nation on the globe. All great economic empires eventually become fat and lazy and squander the great wealth that their forefathers have left them, but the pace at which America is accomplishing this […]
The conventional wisdom in Washington and in most of the rest of the world is that the roaring Chinese economy is going to pull the global economy out of recession and back into growth. It’s China’s turn, the theory goes, as American consumers — who propelled the last global boom with their borrowing and spending […]
